10,989 Shares in BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) Bought by Benjamin Edwards Inc.

Benjamin Edwards Inc. acquired a new stake in BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 10,989 shares of the company’s stock, valued at approximately $124,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of BLE. Paradigm Capital Management LLC NV acquired a new stake in BlackRock Municipal Income Trust II in the third quarter valued at approximately $113,000. Horizon Kinetics Asset Management LLC purchased a new position in shares of BlackRock Municipal Income Trust II in the third quarter valued at $167,000. Avior Wealth Management LLC grew its holdings in BlackRock Municipal Income Trust II by 18.6% during the 3rd quarter. Avior Wealth Management LLC now owns 17,371 shares of the company’s stock valued at $196,000 after purchasing an additional 2,729 shares in the last quarter. Pathstone Holdings LLC increased its stake in BlackRock Municipal Income Trust II by 20.8% during the 3rd quarter. Pathstone Holdings LLC now owns 974,068 shares of the company’s stock worth $10,968,000 after buying an additional 167,548 shares during the period. Finally, Ackerman Capital Advisors LLC lifted its holdings in BlackRock Municipal Income Trust II by 9.0% in the 3rd quarter. Ackerman Capital Advisors LLC now owns 135,744 shares of the company’s stock worth $1,528,000 after buying an additional 11,153 shares in the last quarter.

BlackRock Municipal Income Trust II Price Performance

NYSEAMERICAN:BLE opened at $11.00 on Wednesday. BlackRock Municipal Income Trust II has a 1-year low of $10.27 and a 1-year high of $11.41.

BlackRock Municipal Income Trust II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be issued a $0.054 dividend. This represents a $0.65 dividend on an annualized basis and a yield of 5.89%. The ex-dividend date is Monday, December 16th.

About BlackRock Municipal Income Trust II

BlackRock Municipal Income Trust II is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests long-term and short-term investments, and money market funds. The fund primarily in investment grade municipal bonds that are exempt from regular federal income tax.